Page 28 - 2014_15CommunityRpt_FlipBookPDF
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Staff at Intertech Medical, a business customer in Denver

    business lending

    CHFA helps business owners access the                      In December 2014, the U.S. Treasury
    capital they need to grow and create jobs.                 Department released a report detailing
                                                               how its State Small Business Credit
    We serve both for-profit and nonprofit                     Initiative (SSBCI) has helped small
    businesses, and have unique programs                       businesses grow and create jobs. In the
    for manufacturers, rural businesses, and                   report, Colorado was named fourth in the
    healthy food grocers.                                      nation for deploying the most funds by
                                                               percent of allocation.
    Using a variety of resources, such as
    bonds, New Markets Tax Credits, and                        Colorado’s SSBCI funding is distributed
    revolving loans, CHFA leverages greater                    through programs administered by CHFA
    investment in our state.                                   on behalf of the Colorado Office of
                                                               Economic Development and International
    Our partnerships with lenders and                          Trade (OEDIT).
    economic development professionals
    ensure that our resources meet Colorado’s                  As of 2014, SSBCI funds administered
    unique needs while supporting                              by CHFA have generated $60 million
    established community relationships.                       in private sector financing to Colorado
                                                               businesses and impacted more than 2,000
    CHFA is proud to help our customers                        jobs throughout the state.
    reach new heights by investing in their
    dreams of entrepreneurship.

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